Your life expectancy may surprise you.
Do you know your likelihood of living to age 70? 80? 90? The results may surprise you and help you plan your retirement.
For example, consider these simple facts:
- The average 65-year-old male has a 50% chance of living beyond age 80 and a 25% chance of living beyond age 87*. That’s worth planning for. After all, your savings don’t just need to last as long as your life expectancy; they need to last as long as you actually live.
- As you live longer, your life expectancy grows. So if you’re nearing retirement or retired already, your life expectancy is higher than it was when you were 30.
